Food

Scoop: Tyson Foods sells stake in Beyond Meat amid rising tensions

Illustration of a plastic hamburger surrounded by chicken feathers.
Illustration: Aïda Amer/Axios

Tyson Foods has quietly sold its stake in alternative protein company Beyond Meat, which is expected to go public next week at a valuation north of $1 billion.

What's happening: Tyson had a 6.5% ownership stake in Beyond Meat when the company filed for its IPO last November, having invested a total of $23 million between 2016 and 2017 (via its Tyson Ventures arm). It was still listed on an April 15 amended filing, but not in a subsequent one this past Monday.

Your lunch is watching you

Illustration of a lunch shaped like a smiling face
Illustration: Sarah Grillo/Axios

One unexpected byproduct of the robotization of food — an accelerating trend I reported on last week — is an explosion of data about eaters' habits and preferences.

Why it matters: Companies often use this information to personalize food or ads to individual preferences. But seemingly trivial information about what and when you eat is also a gold mine that companies share with other interested parties — like your employer.